RE: [EquisMetaStock Group] FW: metastock coding, MetaStock Email Archive

Ya, that helps..

We have an expert in which we have take care of sideways movement with the help of adx in the overall trended system.

Every rise is accompanied by correction or sideways movement before a further rise and vices versa

If the sideways and corrective phase gets prolonged for some time on any time frame chart then we have trouble.

Most importantly, the risk management plays key role in sideways market.

The issue is how do you define a sideways market in any time with automation.

Adx is one such tool we have been able to use.

You can define a color.

In expert advisor go to highlight and indicate

ADX(14)<20 and give color say red and ADX(14) >20 green ADX(14)>40 say blue

From: equismetastock@ yahoogroups. com [mailto:equismetast ock@xxxxxxxxxxxx com] On Behalf Of Nikhil Khetan
Sent: Tuesday, June 16, 2009 5:38 PM
To: equismetastock@ yahoogroups. com
Subject: Re: [EquisMetaStock Group] FW: metastock coding

hi,
i added adx(14) > 20 to the symbol section of expert advisor, to filter out trading during the non-trending periods, wats ur view on it

Regards
Nikhil
--- On Sun, 14/6/09, Hitendra Vasudeo <hitendra@xxxxxxxx com> wrote:

From: Hitendra Vasudeo <hitendra@xxxxxxxx com>
Subject: [EquisMetaStock Group] FW: metastock coding
To: equismetastock@ yahoogroups. com
Date: Sunday, 14 June, 2009, 11:23 PM

From: Hitendra Vasudeo [mailto:hitendra@ vasudeo.com]
Sent: Friday, June 12, 2009 8:49 PM
To: 'mahiya001@xxxxxx com'
Subject: FW: metastock coding

For first 30 minutes high and low

In the indicator created time

Copy this

DH:= (DayOfMonth( ) AND Hour() = 10 AND Minute() <= 30 );

ValueWhen( 1,dh , HIGH);

In the indicator created time1

Copy this

DH:= (DayOfMonth( ) AND Hour() = 10 AND Minute() <= 30 );

ValueWhen( 1,dh , LOW);

Rest would remain same

From: Hitendra Vasudeo [mailto:hitendra@ vasudeo.com]
Sent: Saturday, June 13, 2009 6:35 PM
To: 'mahiya001@xxxxxx com'
Subject: metastock coding

Hello,

I have worked on 9.55 -10.

This is purely intra-day and possibly to connection with overall trend and previous days movement at all.

This takes into account the high between 9.55-10 only

Create indicator called : time

DH:= (DayOfMonth( ) AND Hour()=10 AND Minute() >= 00 AND Minute() < 05);;

ValueWhen( 1,dh , HIGH);

Create indicator called: time1

DH:= (DayOfMonth( ) AND Hour()=10 AND Minute() >= 00 AND Minute() < 05);;

ValueWhen( 1,dh , LOW);

Create indicator called : IT-UP Buy

a:=Cross(HIGH , Fml( "time") );

b:=Cross( Fml( "time1"),LOW );

state:=If(BarsSince (a)<BarsSince(b) ,1,0);

state>Ref(state,-1) ;

Create indicator called: IT-Down Sell

a:=Cross(HIGH , Fml( "time") );

b:=Cross( Fml( "time1"),LOW );

state:=If(BarsSince (a)<BarsSince(b) ,1,0);

state<Ref(state,-1) ;

Create indicator called: IT-UP

((ValueWhen( 1 , Fml( "IT-UP Buy") ,HIGH ) - ValueWhen(1 , Fml( "IT-UP Buy") ,LOW ))*1.27)+ValueWhen( 1 , Fml( "IT-UP Buy") ,HIGH );

((ValueWhen( 1 , Fml( "IT-UP Buy") ,HIGH ) - ValueWhen(1 , Fml( "IT-UP Buy") ,LOW ))*1.618)+ValueWhen (1 , Fml( "IT-UP Buy") ,HIGH );

((ValueWhen( 1 , Fml( "IT-UP Buy") ,HIGH ) - ValueWhen(1 , Fml( "IT-UP Buy") ,LOW ))*2.618)+ValueWhen (1 , Fml( "IT-UP Buy") ,HIGH );

ValueWhen(1 , Fml( "IT-UP Buy") ,HIGH );

ValueWhen(1 , Fml( "IT-UP Buy") ,LOW );

Create indicator called: IT-Down

ValueWhen(1 , Fml( "IT-Down Sell") ,LOW )-((ValueWhen( 1 , Fml( "IT-Down Sell") ,HIGH ) - ValueWhen(1 , Fml( "IT-Down Sell") ,LOW ))*1.27);

ValueWhen(1 , Fml( "IT-Down Sell") ,LOW )-((ValueWhen( 1 , Fml( "IT-Down Sell") ,HIGH ) - ValueWhen(1 , Fml( "IT-Down Sell") ,LOW ))*1.618);

ValueWhen(1 , Fml( "IT-Down Sell") ,LOW )-((ValueWhen( 1 , Fml( "IT-Down Sell") ,HIGH ) - ValueWhen(1 , Fml( "IT-Down Sell") ,LOW ))*2.618);

ValueWhen(1 , Fml( "IT-Down Sell") ,HIGH );

ValueWhen(1 , Fml( "IT-Down Sell") ,LOW );

Expert Advisor

Give a name- Purely intra-day

Go to Symbols, new add and give up arrow as it is for buy

Given name B-

a:=Cross(HIGH , Fml( "time") );

b:=Cross( Fml( "time1"),LOW );

state:=If(BarsSince (a)<BarsSince(b) ,1,0);

state>Ref(state,-1)

Go to symbols, new add and given down arrow as it is for sell

a:=Cross(HIGH, Fml( "time") );

b:=Cross( Fml( "time1"),LOW );

state:=If(BarsSince (a)<BarsSince(b) ,1,0);

state<Ref(state,-1)

for further queries

call on 919820219664

Hitendra Vasudeo

www.stockmechanics. com

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